Time To Residency
- Hungary Country profile
- Benefits of the program
- Investment requirements
- Visa-free and visa-on-arrival country list
About the program
The Hungarian Residency by Investment program started accepting applicants in 2017.
To be eligible to apply for this program, you must be over 18 years old, in good health and without a criminal record.
Applicants are also required to acquire special Hungarian Government Bonds with a 5-year maturity.
Visa-free travel to all 28 Schengen states including the UK.
Guaranteed by law
The program is based on the law & is guaranteed by the government since 2017.
Only one application process is required for the primary applicant and qualifying family members.
Main applicant requirements
- 18+ years of age
- Good health
- No criminal record
- Successfully pass due diligence checks
- Confirmed investment sources
- Spouse of the main applicant
- Children (biological or adopted)
*Parents and children older than 18 must be dependent on the main applicant.
The expected timeframe for the application process is 6 months. The first stage of the document collection can differ in length depending on the applicant’s ability to gather the documents. Our team guides this process with samples and best practice advice.
The reviewal stage is subject to the respective Government schedule and can be impacted by factors which we, as authorised agents have no control over. Savory and Partners collaborates with the Government throughout the entire process, and we aim to provide the quickest and smoothest experience for the applicant.
Read about the process steps in detail here.
As per the Hungarian Permanent Residency Act CCXX of 2012 amending Act II of 2007 on the Entry and Residency Requirements of Third-Country Citizens Article 1(4) 4):
For Paragraph (3), a third-country citizen’s stay in Hungary is considered to be “in the interest of the national economy” in particular if:
- a) The third-country citizen who applies verifies that he/she own(s) security with a face value of at least EUR 300,000 and with a maturity of at least five years”.
Q: Can I include my family?
Yes, you can include qualified members of your family in the application or add them after you have obtained your citizenship for an additional fee. A qualified family member can be a child not older than 25 years, a spouse, and parents and in-laws older than 50 which are financially dependent on the main applicant.
Q: Are there any interviews, language tests, or work experience requirements?
The Government of Vanuatu does not require you to pass any interviews, language tests or have previous work experience to be able to apply for this program.
Q: Do I need to visit Vanuatu before obtaining my citizenship?
You are not required to visit Vanuatu before or after obtaining your citizenship, you are, however, welcome to visit and explore the country.
Q: Does Vanuatu provide a biometric (ePassport) passport?
Yes, the passport of Vanuatu is now a biometric passport, also known as an ePassport.
Q: How many pages does the Vanuatu passport have?
The new biometric passport of Vanuatu has 32 pages.